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1 May, 2025  // The Russian Finance Ministry has increased the expected 2025 budget deficit from 1.17 trillion (0.5% of GDP) to 3.79T rubles (1.7%). Expected oil and natural gas revenues have decreased from 10.93T to 8.3T, and the oil price forecast has been lowered from $69.7 to $56 per barrel. The inflation estimate has increased to 7.6%.

30 March, 2025  // From 2022 to 2024, according to the Bank of Russia, the share of Russian households with savings increased from 72.9% to 75.5%. The average savings increased from 115k to 145k rubles. In 2024, the funds of Russians in banks increased by 11.9 trillion rubles (+26.1%). The total amount is a record 57.5 trillion (about 700 billion USD).

7 March, 2025  // In 2024, according to Rosstat, the 10% of the least well-off population of Russia (average monthly income - 14,479 Rubles or 160 USD) accounted for 2% of the total cash income, and the 10% of the most well-off population (240,519 Rubles or 2,670 USD) - 30%. The income of the richest increased by 10%, and that of the poorest - by 6.5%.

11 February, 2025  // In 2024, according to the Unified Regulator of Gambling, the growth of legal bets in Russia was 40%, in total - 1.7T rubles (17B USD). The total number of players exceeded 6M, more than 2M made bets at least once a month. The average bet size increased by 18.9% and amounted to 1,268 Rubles (127 USD). 95% of bets were made online.

28 January, 2025  // In 2024, Russia exported a record 33.6M tons of liquefied natural gas, +4% compared to 2023. The previous record was in 2022 - 32.9M. The largest buyers were Europe (52%): France (6.3M), Spain (4.8M), Belgium (4.4M), and the Netherlands (1.3M) and Asia (45%): China (7M) and Japan (5.7M).

16 January, 2025  // In 2024, according to Rosstat, consumer prices in Russia increased by 9.52%: butter - +36%, vegetables and fruits - +22%, frozen fish - +17%, milk/dairy - +16%, bread/bakery - +13%, sunflower oil - +12%, alcohol - +8%, gasoline - +11%, medicines - +10%, building materials - +8%, tobacco - +6%, electrical goods - +5%, services - +11.52%.

10 January, 2025  // In 2024, 1.57 million new passenger cars were sold in Russia (+48.4% compared to 2023), the best result in the last 5 years. In 2019, 1.59 million units were sold. Leaders: LADA (436.2 thousand), Haval (190.6), Chery (157), Geely (149.1), Changan (106.1). The combined sales of the nine largest Chinese brands amounted to about 50% (791,518).

1 January, 2025  // According to Moscow State University, 2024 was the warmest year in Moscow in the history of meteorological observations. September was especially warm: the average monthly temperature was +17.9 degrees Celsius, which is 5.7 degrees above the climatic norm. The previous record (+17) was set in 1847.

30 December, 2024  // In 2024, according to the Ministry of Agriculture, the rice harvest in Russia set a new record and amounted to more than 1.2 mil tons, +17% compared to 2023. About 70% comes from Krasnodar Krai. Rice is also grown in Dagestan, Rostov Oblast, the Chechen Republic, and Primorsky Krai. By 2030, it is planned to harvest up to 2 mil tons of rice.

7 December, 2024  // In 2025, Russia's budget revenues are expected to be 40.3T rubles (400B USD, 18.8% of GDP), expenditures - 41.47T (19.3%). 13.5T (6.31%) will be allocated for military spending. Spending on "National Security and Law Enforcement" and "National Defense" will be 41% of all federal budget spending, exceeding spending on education, healthcare, social policy and the national economy combined.

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